Finance
The Child Poverty Reduction Advisory Council (CPRAC) has released a report with recommendations to cut child poverty in New York by 50% by 2031. The proposed measures, costing $9 billion, aim to build on prior initiatives like expanding the Empire State Child Credit, raising minimum wages, and allocating $7.5 billion for childcare, which have already […]
Shams Charania of ESPN reported the extension marks one of the richest all-time shoe deals for a women’s basketball player. Wilson, 28, is coming off a dominant seventh season in the WNBA in which she won her third career MVP by unanimous decision, becoming the fourth player in league history to achieve the feat. Wilson […]
Have companies had it with Gen Z employees? According to a new report from Intelligent.com, but instead of putting the blame on G Z-ers, one expert told Newsweek whose fault it may really be. The survey revealed that one in six businesses said they were hesitant to hire recent college graduates over concerns about how prepared […]
The noncontrolling, minority interests were approved Wednesday by NFL team owners at the league’s winter meetings. This is the first time in Bills’ franchise history that minority owners have been added. NFL team owners approved a measure earlier this year that allows investments into franchises by private equity funds. The league’s ownership rules had been […]
First-time homebuyers struggling to find an affordable house in Rochester now have a new resource to help. Applications are open for the “Buy the Block” program. The initiative began as a way to get new homes built in under-invested areas of the city. The houses are then sold to qualified, first-time homebuyers who will spend […]
Governor Hochul delivered her first proposal from the 2025 State of the State affordability agenda, and announced New York State’s first-ever Inflation Refund, which would deliver about $3 billion in direct payments to around 8.6 million New York taxpayers statewide in 2025. This new refund would send a payment of $300 to single taxpayers who […]
The average rate on a 30-year mortgage in the U.S. has eased to 6.69%, the lowest since late October, down from 6.81% last week, according to Freddie Mac. This marks a decrease from last year’s 7.03% average. Rates on 15-year fixed-rate mortgages also dipped, falling to 5.96% from 6.1%. Mortgage rates are influenced by factors […]
As President-elect Donald Trump signals a rollback of federal health care initiatives, states are becoming the new battleground for medical debt relief. Advocates are focusing on legislation to keep medical debt off credit reports, regulate predatory medical credit cards, and expand hospital financial aid programs. This shift comes as fears grow that Trump’s administration may […]
Visa is expected to increase some fees it charges merchants and banks for credit card payments starting Jan. 1, according to a notice last month from the processor Global Payments. That Oct. 10 notice says Visa’s “misuse” fee paid by merchants will jump by two-thirds to 15 cents, from 9 cents per transaction, while a […]
With cyber shopping season approaching for Christmas there was a report about the buy now pay later options also known as (BNPL) saying how this is very convenient for customers to be able to receive their products before paying in full, but the dark side of these options could cost more money or leave you […]
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